Depending on the tasks, the integration of key personnel in interdisciplinary project teams within restructuring
makes perfect sense.
The last option is the most popular, notes Jack Jennings, president of the Center on Education Policy, which has studied restructuring
in Michigan and California.
Although the Chapter 11 process brings clarity, urgency and a focal point to a restructuring
, it is up to the company and its stakeholders--not the court--to implement that restructuring
in an organized and strategic manner.
In light of all of these formidable obstacles facing foreign creditors when working on restructurings
in the emerging markets, foreign creditors would be well advised to focus on developing comprehensive and cohesive strategies for managing the restructuring
The asset potential of the differential between the restructured rental and the market rate makes the negotiation of a flexible sublease/assignment clause critical in any lease restructuring
To fashion an appropriate policy response, if any, to this extraordinary restructuring
-LBO phenomenon, there are some key questions that must be answered: What is behind the corporate restructuring
Contributions from leading industry figures from: Allen & Overy, Deloitte Restructuring
Services, Ernst & Young, Grant Thornton, IBA, INSOL, KPMG, KRyS Global, PricewaterhouseCoopers, OPF Partners, Salans LLP and World Bank Group.
94-1, Application of Statement 115 to Debt Securities Restructured in a Troubled Debt Restructuring
, securities received in connection with a debt restructuring
are subject to Statement no.
Ira Genser, Alvarez & Marsal Turnaround and Restructuring
would involve a cash investment of 13.
As the firm continues to strategically expand its crisis and interim management, restructuring
and insolvency, performance improvement and other advisory service offerings in North America and globally, he is a tremendous asset to the team.
As a result, future interest expense of entities emerging from chapter 11 could be materially different from that of entities restructuring
their debts outside chapter 11.